Comments- Eurozone PMI rose to 47.9 from December’s 46.1 – 11-month high;
-The Netherlands nationalised SNS Reaal after a private rescue of the bank and insurance group collapsed;
-France’s manufacturing PMI fell to 42.9 in January, down from 44.6 in December and a 4-month low; -
- Spanish Prime Minister Mariano Rajoy will address the nation on Saturday about corruption allegations.

It’s essential that the next long-term EU budget is devoted to boosting growth, jobs and social cohesion in Europe.
- Mario Monti, Italian Prime Minister